Budget And Banking
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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1. ATM | Automated Teller Machine, machine where you use debit card to get and deposit money
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2. Account Balance | amount of money you have in your account at a certain time
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3. Budget | An estimate of income and expenditure for a set period of time
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4. Checking Account |
An account at a bank against which checks can be drawn by the account depositor.
An account at a bank against which checks can be drawn by the account depositor.
An account at a bank against which checks can be
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5. Cleared Check | check been cashed deposit though a bank
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6. Credit Union | A nonprofit financial cooperative offering deposit accounts, low-interest loans
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7. Debit Card | A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase
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8. Deposit | A sum of money placed or kept in a bank account, usually to gain interest
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9. Direct Deposit | The electronic transfer of a payment directly from the account of the payer to the recipient's account.
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10. Endorse | signed the back of the check to cash it
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11. Expense | The cost required for something; the money spent on something.
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12. FDIC | Federal Deposit Insurance Corporation, a body that underwrites most private bank deposits.
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13. Fees | 2.Money paid as part of a special transaction, e.g., for a privilege or for admission to something.
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14. Financial Literacy | Financial literacy is the ability to understand finance
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15. Financial Security | financial planning and wealth management services with the intent of increasing wealth while minimizing risk and tax burdens
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16. Fixed Expense | Costs of owning and operating a property that are not discretionary and, except for occasional increases
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17. Income |
Money received, esp. on a regular basis, for work or through investments.
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18. Interest | The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
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19. Loan Overdraft | line of credit is a loan attached to your checking account
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20. Memo |
written message, esp. in business; a memorandum.
written message, esp. in business; a memorandum.
A written message, esp. in business; a memorandum
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21. Needs | something you have to have to survive
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22. Non-sufficient funds (NSF) | A term used to indicate when an item such as a check, or other transaction presented for payment is returned unpaid
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23. Online Banking | Online banking (or Internet banking) allows customers to conduct financial transactions on a secure website operated by their retail
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24. Payee | A person to whom money is paid or is to be paid, esp. the person to whom a check is made payable.
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25. Payer | a person who pays money for something
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26. Reconcile | when you check your recorders and the banks
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27. Savings | putting money into an account for future use
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28. Variable Expenses | Variable costs are expenses that change in proportion to the activity of a business.
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29. Wants | Have a desire to possess or do (something); wish for.
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30. Withdrawal |
2.An act of taking money out of an account.
2.An act of taking money out of an account.
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Jassy1
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